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The Guardian - UK
The Guardian - UK
National
Dave Hill

Boris the builder: "affordable" funding troubles

From Inside Housing:

The government has dropped its affordable house building targets from a previous pledge of 70,000 a year to about 55,000 a year in the next two years, despite the £1.5 billion boost to building programmes.

What does that mean for London?

The mayor's housing advisor Richard Blakeway said the capital's NAHP target had been reduced from 44,000 to 37,000 in the 2008 to 2011 period, which would take 6,000 homes off the mayor's target to build 50,000 affordable homes in total. Mr Blakeway wrote to the Communities and Local Government department this week, stating the target revisions were "deeply concerning".

"It is extraordinary for the prime minister to announce an expansion to the new affordable housing programme, when the minister for housing and planning is considering contracting the current programme," he said. He also called for the £1.5 billion to be distributed regionally, as this would allow London to hit its target to build 50,000 affordable homes.

I'm not quite sure how that works, but will ask. Have already asked if Boris's "affordable" target is now officially revised downwards by 6,000. Watch for updates.

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